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State-owned Bank of Baroda (BoB) on Friday reported an 8 per cent fall in net profit to Rs 4,809 crore for the second quarter ended September as interest income moderates.
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BPCL posted a 170% YoY surge in consolidated net profit to Rs 6,191 crore in Q2FY26, driven by higher refining margins and lower expenses. Revenue rose 3% to Rs 1.21 lakh crore, while the PSU announced a Rs 7.5 interim dividend.
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On Friday, the benchmark Sensex declined by around 465 points, settling at 83,938. Despite the broader market weakness, six PSU banking stocks from the BSE PSU Bank Index scaled fresh 52-week highs, indicating strong momentum in the sector. Indian Bank, Bank of India, and Canara Bank led the rally, posting one-month gains of up to...
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Euro zone government bond yields were on track for a second straight weekly rise following a hawkish signal from the Federal Reserve and an uneventful European Central Bank meeting.
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Indian government bonds rose by close of trade on Friday as the central bank sold lesser debt than scheduled at a weekly auction, providing some relief in a bearish market.
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Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year.
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Benchmark indices ended lower for the second session as profit booking and weak global cues weighed on sentiment. Navin Fluorine, BEL and PSU banks gained, while Vedanta and Bandhan Bank slipped.
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Indian stocks concluded Friday with a decline, marking a second consecutive day of losses for the Sensex and Nifty. Investors engaged in profit-booking amidst mixed corporate results and cautious global sentiment, influenced by a stronger U.S. dollar and the Federal Reserve’s dovish outlook on rate cuts.
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Diagnostics services company Dr Lal Path Labs on Friday announced an interim dividend of Rs 7 per equity share for the financial year 2025-26.
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The Indian rupee faced a modest depreciation on Friday, yet it resiliently stayed above its all-time low, buoyed by dollar sales from government banks. The currency concluded the month on a subdued note, while the Indian equity markets reflected a similar downturn.
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